Breaking down the weak August jobs report

Breaking down the weak August jobs report

9/10/2012 2:02:00 PM by Adam Rombel

On Friday Sept. 7, the U.S. Bureau of Labor Statistics reported that U.S. employers added 96,000 jobs in August, far short of economists’ expectations.

The unemployment rate actually dipped to 8.1 percent in August from 8.3 percent in July, but that was only because 368,000 people dropped out of the work force and were not counted in the unemployment-rate calculation.

In this video report, I look deeper behind the numbers of the August employment report.

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Breaking down the weak August jobs report

StartFast Venture Accelerator announces teams for summer program

KeyCorp names Kimble new CFO

Le Moyne begins work on Madden School of Business building

ConMed declares quarterly dividend of 15 cents a share

New York initial unemployment claims rise

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